Repositioning today’s youth
for entrepreneurship
Ecclesiastes 11: 4-6; 9:10
The orientation and educational training of the youth of
today leans towards white collar jobs. The reality however is that these jobs
are hardly sufficient for the number of young adults. And this explains why
youngsters are involved in so many crimes. It is therefore imperative to
prepare our young adults for the future with entrepreneurial skills.
An entrepreneur is a self-employed individual having his own
business. Entrepreneurship involves identifying, developing and bringing a
vision to life. The vision may be an innovative idea, an opportunity of a better
way of doing something. An entrepreneur identifies, perceives and takes
advantage of scarce resources including money, materials, machines and men. He
also needs training, skills and experience to do his business successfully.
This is what we want to look at so that we can succeed in a
world of ours where the white collar jobs are NOT available. The Holy Bible
enjoins us to study to be quiet and to do our own business. 1thess.4:11, 12.
THE NEED
FOR YOUNG ENTREPRENEURS TODAY
1thess.4:11, 12
The current global economic recession and gross unemployment
the whole world over make entrepreneurship important. Many job opportunities are created by small
scale business people.
Unemployment is on the increase,
People are hungry, that is why entrepreneurship is very vital in the life of every youth today.
Benefits
You are self reliant financially.
Employ others
Control your time
Self esteem
Respect
Retire young
Areas?
Educational services, private tutoring, day care, extra
classes, teaching, bookselling, toffee selling,
Agro services; fish farming, goat rearing, fowl rearing,
poultry
ICT; hardware, software, phone sales and repairs, recharge
cards, pendrives, chips mass messaging, ring tone production, computer training
Publishing; book binding, past questions sales, envelopes
production and sales, artifacts
2. starting a small business idea while in
school.
Eccl. 9:10, provb29:18, luke 14:28-32, rom.12:11,
heb.6:12;10:36
Is it possible to start a business while in school? YES!!!
1. Get an idea. Everything done on the earth starts
from one point; an idea. You may have dreamt of starting a business at a very
tender age. That is an inspiration. It is the first step.
2. Investigate. Read round the business, consult,
find out the possibilities of excellence and the set backs. i. is there a need
for your service? Ii. Who needs it? Iii. Are there other competitors? Iv. How
will your business fit into the market? V. what new thing are you bringing on
board?
3. Make your plan. Goals, motivation and how you
hope to achieve them (strategies).
4. Source of funding. You do not need a lot of
money to start a business but how will you get some to start-personal
savings-friends-banks-parents etc.
5. Select a business organization. Your
small business can be a sole proprietorship, a partnership, a limited liability
company or a corporation. The structure of your business will determine the
name, taxes etc. you can start with a structure and change it as time goes on
and you begin to expand.
6. Find a suitable business place. Are you
using a kiosk, an umbrella by the road, or an executive office?
7. Register your business name and obtain
the necessary permits to operate on the plot of land you want to occupy.
8. Keep proper record of all transactions.
9. Make your business known. Adopt
various techniques to get your business known. Facebook, news papers, friends,
door tpo door, classroom adverts, articles etc.
NOTABLE
SUCCESSFUL ENTREPRENEURS.
Bill gates.
Born in 1955, an American business executive, served as
chairman of Microsoft corporation, the leading soft ware company in the world.
His real name is William henry gates. He droped out of Havard university and
devoted his time to Microsoft. By 1987, gates, then 31 years has become the
youngest billionaire in the world.
Thomas Edison
He attended formal school for only three months. At twelve
years, he sold news [papers, candy, and apples. At 15 years, he bought a second
hand printing press. He soon began producing news papers. Some one at the rail
station where he was working and selling the news papers, offered to teach him
how to operate telegraph and for the next four years, he went about offering
telegraph service to the world. He spent the money he got on lab instruments
and materials which he scattered and rebuilt.
His first major achievement was an improvement on the
telephone. He later set out to develop an incandescent lamb which could give light by heating a
copper wire until it glowed with light.
The mere newspaper seller!
Henry Ford. An
American industrialist, a pioneer in automobile engineering. He was born on a
farm in Dearborn, Michigan, US. On july 30th 1863 and educated in
district schools, he became a machinist’s apprentice in Detroit at the age of
16. In 1896, after trying several times and failing, he completed the
construction of his first auto-mobile; the “quadricycle”. In 1903, he
established the Ford motor company.
Michael
Faraday 1791,sep 22england was the son of a blacksmith and received
very little formal education, an apprentice of a book binder, read a lot on
electricity and sciences.
Wilber and
Orville Wright Founded the Wright Cycle company. They dropped out of school
to become editors and printers of small newspapers. They jointly built the
first air planes. Action, akim state, Agbenyo in Youth and future agambire-rlg, kennedy agyapong, safo
kantanka etc These were mere young men
with very humble beginnings, what shows you cannot also write your name in any
book?
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